Compliance
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Compliance
Dependent Care FSA When a Child Reaches Age 13
Question: What are the rules surrounding dependent care FSA expenses upon an employee’s child reaching age 13? Short Answer: The employee will generally have eligible …
2021 Health FSA Limit Will Remain at $2,750
The IRS has confirmed in Revenue Procedure 2020-45 that for plan years beginning on or after January 1, 2021, the health FSA salary reduction contribution …
Passive Enrollments with Rolling Elections
Question: What are the Section 125 cafeteria plan election rules surrounding an employer’s passive enrollment? Short Answer: With appropriate communication, employers may offer passive enrollments …
HIPAA Breach Notifications for Employers
Question: How do employers determine whether a HIPAA breach has occurred, and what are the employer’s breach notification obligations? Short Answer: Once the employer determines …
ACA and HIPAA Excepted Benefits
Question: Which common employer-sponsored group health plans qualify as “excepted benefits” for ACA and HIPAA purposes? Short Answer: Most employer-sponsored dental, vision, health FSA, and …
Last Call: Final 30-Day Extension for 2020 ACA Reporting Forms Furnished in 2021
For likely the final time, the IRS has issued Notice 2020-76 extending by 30 days the 2021 deadline to furnish the 2020 Forms 1095-B and …
